The deal would delay or replace the vast majority of spending cuts called for in the automatic sequester.

The deal would extend unemployment benefits

The deal would stop planned cuts to Medicare reimbursements

Out of the blue, and probably an attempt to buy farm-state votes, the deal purportedly would include a "milk fix" that allegedly would avoid a dairy market catastrophe created by the failure to renew the farm bill

Four Strikes Is An Out

I am against all four ideas and it's hard to say which one is worse. Certainly we need to scrap all farm subsidies, not put back those that have been scrapped.

Hopefully the House punts this ball a mile high, or better yet, let's hope this does not clear the Senate in the first place.

Purportedly the deal would only be for 60-90 days which would in all likelihood do nothing but allow further watering down of the proposal in yet another can-kicking exercise at that time.

Since the market is not blasting higher on this preposterous idea, it's safe to assume this deal is Dead-on-Arrival in the House, if it were to get there.

As I have said on numerous occasions, the best offer on the table is to let the alleged "fiscal cliff" happen.

I hope you are as outraged as I am by this late-day stock market action.

S&P 500 Futures 10-Minute Chart

Since when is a late day selloff legal? And for an entire hour with six consecutive red candles!

And in the month of December too! What happened to my Santa Rally? I demand a Congressional inquiry.

Goodness! I was sure such action was illegal. Clearly, it should be illegal, and I thought it was already.

It's no wonder Fiscal Cliff legislation failed. Republicans and Democrats alike forgot to pass circuit-breaker provisions to halt (or better yet prevent) market declines late in the day, as well as this late in the year.

I don’t want any deal. I don’t want subsidies for any product, and I don’t want entitlements to be extended any further. I’ll pay $8/gallon for milk, and I’ll do without ethanol....also please don’t tell me oil/gas is subsidized; the lion’s share of oil subsidies is for the Strategi Oil Reserve; Obama will just dole that out this winter for all the poor peoples in the NE who don’t want to pay for their heating oil.

Jim Jeffords ring a bell? We could have kept him in the Republican voting column through most of his career if we'd simply caved in to him on the milk price support items he wanted.

That was peanuts compared to the costs of letting him slip over to the Democrats so they could organize the Senate!

It looks like somebody on the Democrat side remembers those halcyon days ~ which makes me wonder immediately WHOSE VOTE IS FOR SALE!

Were do cows live? Who votes on behalf of cows? ~ gotta' be some Dem senators in New England, New York, Minnesota, Michigan, Wisconsin ~~~ California perhaps? Ever see the price of cheese there? Then there's Oregon ~ and its vast herds of dairy cows.

Rather than complain the writer should work backwards into who has cows and what do they want for them? Then we know where the Democrat wink links are.

So damn sick of the trend and the way this nations mindset has gone rotten.

I did at least get a little revenge... yesterday I did 9 driveways and about 1/4 mile of sidewalks with my mongo (I made that word up, it's huge) snowblower... I like to take care of the oldsters and my neighbors, but I skipped right around the ones I noted with the obama signs in October. Yes, it felt good.

I doubt the problem is with either Senator because New York's economy is fantastically larger than the milk markets so they're just fronting for another Democrat or two. Somebody has threatened to jump ship if he doesn't get what he wants.

...the deal purportedly would include a "milk fix" that allegedly would avoid a dairy market catastrophe created by the failure to renew the farm bill

Who'd A Thunk that the government regulations would make dairy farming so dang expensive that it took tons of taxpayer money to mask what it did to production costs by keeping the price artificially low????

Maybe if the price skyrockets, people will have another opportunity to explain exactly why big government is so dangerous...

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